Raymond James Financial Services Advisors, Inc.

**Raymond James Financial Services Advisors, Inc.** manages substantial assets totaling $71.8B across a diverse portfolio of 3,408 positions. The firm maintains significant exposure to mega-cap technology and index products, notably holding AAPL at $2.13B and IVV at $1.70B. Core allocations include VOO ($1.60B), SPY ($1.20B), and NVDA ($1.19B), signaling a strong conviction in established market leaders and broad market indices. This concentration highlights a strategic tilt toward large-cap growth and core equity exposure.

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